This company is a capital killer. At least they could have sweetened the bitter pill by revealing a customer(s) for INDIGO. But no..
3 or so capital raising in the last 3 years,
Making frequent acquisitions that don't provide synergies, or that don't increase EPS.
The sponsoring of the V8 supercars appeared irrelevant to its core business.
No customers identified for INDIGO.
Stuff up of previous 'proposed customer' for INDIGO and subsequent changing reporting to ASX.
Share price from a high of about 3.25 to now 1.02 which is about to be lower with further dilution.
Shaky strategy.
I believe write down of Hong Kong assets.
Which is prompting this accelerated cap raising (which should have been accounted for in the last Cap raising)
Bevan not taking his entitlement (I haven't confirmed this)
No thank you, I will NOT be taking my entitlement.... I will not fund further nonsensical acquisitions, or shady business plans/strategies
I hate to say it, but George Stobert may actually be right.
f$%k you Superloop.
Ann: Investor Presentation, page-4
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Last
$1.73 |
Change
-0.060(3.36%) |
Mkt cap ! $865.1M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.79 | $1.71 | $2.245M | 1.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5418 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 7133 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SLC (ASX) Chart |